May Trade Deficit Swelled;
Exports Saw Slight Growth

WASHINGTON -- The U.S. trade deficit ballooned to $10.88 billion in May, continuing an expansion that could bedevil President Clinton through this fall's election.

The Commerce Department reported the May deficit in goods and services, adjusted for seasonal variations, widened $1.27 billion from the revised April deficit, which itself was $1.6 billion greater than in March. Exports grew slightly, expanding $772 million to $69.76...